Assignment Question: Expert should be FIDIC expert and law as well

FIDIC's approach to drafting contracts has always been underpinned by the principle that its contracts must provide a fair allocation of risks between the parties to a contract, and those risks should be borne by the party best able to control them. Discuss the above statement by specific reference to clause 4.12 of the FIDIC Red Book 1999.

Guidance:

Students are advised to observe the following points in drafting their assignments

1. The size of this document must not exceed 3000 words excluding footnotes and bibliography.
2. Format: 1.5 lines, 12 font, Times New Roman.
3. Clear introduction
4. Logical progression of ideas
5. Smooth transition throughout essay leading to a well-developed argument
6. Thoroughness of analysis

7. Required quantity of research demonstrated
8. List of references provided at the end of the assignment.
9. Persuasive conclusion
10. Accurate Use of Reference Style Oscola Style is a Must
11. Relevant use of quotes to support the argument
12. Word count.